As 2025 draws near, many are wondering what the future holds for the housing market, especially with a new administration taking office this January. In episode twenty-eight of the RiskWire Webcast, hosts Reena Agrawal, Research Economist, and Eric Fox, Chief Economist, examine various macroeconomic factors likely to shift with the new administration and their potential impact on housing prices and mortgage rates.
Episode Highlights:
- There are fewer Fed rate cuts expected in 2025 than initially expected. This is due to inflationary concerns about the new administration’s policies.
- Mortgage rates are unlikely to decline significantly, keeping housing affordability relatively unchanged.
- U.S. unemployment is expected to remain low. However, there is an anticipation of a softening of the labor market.
- Since 1977, there have been 7 new administrations, of which 5 saw home prices rise within the first year. For the other two, home prices fell.
For a deeper understanding of the housing market in 2025, watch the latest RiskWire Webcast episode: Webcast & Interviews – RiskWire, powered by Veros
Find out more about the housing market and economic trends at RiskWire.com today!
